9% INFLATION RECORDED IN MAY IN ARMENIA

/ARKA/
June 20, 2011
YEREVAN

YEREVAN, June 20. /ARKA/. Inflation of 9% was recorded in May in
Armenia compared with the same period of 2010, Armenian National
Statistic Service informs.

Consumer prices have not been changed in May 2011 compared with
April 2011.

Economic growth was 9.9% in 2011 compared with 13.7% in 2010.

According to the state budget, inflation was planned on the level of 4%
(±1.5%) in 2011 and GDP growth – 4.6%.

From: A. Papazian